The DAK Group, a leading investment bank with its headquarters in Ridgewood, has successfully advised on the sale of its client, Coastal Properties, to Howard Hanna Allen Tate Real Estate. The acquisition is a strategic move that is expected to drive new growth in the real estate markets of South Carolina and Savannah, Georgia.
The DAK Group, a firm specializing in middle-market mergers and acquisitions, led a highly competitive divestiture process to secure the best possible outcome for Coastal Properties. Howard Hanna Allen Tate Real Estate was chosen as the ideal partner due to its strategic alignment, shared values, and potential for future growth.
“Coastal Properties is an exceptional business with a strong market position, family values, and deep client loyalty—making it an ideal strategic fit for Howard Hanna Allen Tate Real Estate,” Kevin Wilson, a principal at The DAK Group who led the transaction, said.
Coastal Properties, a premier real estate company with a 27-year history, has a strong presence in the Lowcountry market with offices in Hilton Head, Bluffton, Okatie, and Beaufort, South Carolina, as well as in Savannah, Georgia. The company is ranked among the top three real estate firms in its region and is known for its high-quality, personal service.
Karen Ryan, Co-Owner & CEO of Coastal Properties, praised The DAK Group’s role in the process. “Selling a business, we built over nearly three decades was both emotional and complex,” she said. “DAK guided us through the entire transaction with professionalism and care. This was especially valuable in helping us understand every aspect and its ramifications in what was a complex process to us as we had never sold a business before.”
